Know Minimum Fee recommended by ICAI to Chartered Accountants related to GST Registration and Other Services:

Know Minimum Fee recommended by ICAI to Chartered Accountants related to GST Registration and Other Services

The ICAI has suggested a range of charges for Goods and Services Tax (GST) related services, starting at Rs.5000 and rising to any level depending on the complexity of the work.

Know Minimum Fee recommended by ICAI

authorReetudateSep 22, 2023
Last update on Sep 22, 2023

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Know Minimum Fee recommended by ICAI to Chartered Accountants related to GST Registration and Other Services The Institute of Chartered Accountants of India (ICAI) has suggested a range of charges for Goods and Services Tax (GST) related services, starting at Rs.5000 and rising to any level depending on the complexity of the work. The fees mentioned above are suggested but not required for the benefit of Chartered Accountants. As part of its commitment to improving the capabilities of its practitioners, the ICAI's Committee for Members in Practice (CMP) has revised the Minimum Recommended Scale of Fees for professional assignments performed by ICAI members. This recommendation concerns the fees that should be charged for a variety of professional assignments based on the services provided. The suggested fees have been divided into three categories for cities classified as Class A, Class B, and Class C.

Fee Recommendation for GST

Particulars Class ‘A’ Cities (₹) Class ‘B’ Cities (₹) Class ‘C’ Cities (₹)
Registration 20,000/- & Above 15,000/- & Above 10,000/- & Above
Registration with Consultation See Note 1 See Note 1 See Note 1
Tax Advisory and consultation i.e. about value, taxability, classification, etc. See Note 1 See Note 1 See Note 1
Challan/Returns 15,000/- & Above + (4,000/- Per Month) 10,000/- & Above + (3,000/- Per Month) 8,000/- & Above + (2,000/- Per Month)
Adjudication/Show Cause notice reply 30,000/- & Above 20,000/- & Above 15,000/- & Above
Filing of Appeal / Appeals Drafting 30,000/- & Above 20,000/- & Above 15,000/- & Above
Furnish details of inward/outward supply See Note 1 See Note 1 See Note 1
Misc services i.e. refund, cancellation/revocation registration, maintaining electronic cash ledger etc. See Note 1 See Note 1 See Note 1
Audit of accounts and reconciliation Statement 40,000/- & Above 20,000/- & Above 12,000/- & Above
Any Certification Work 10,000/- & Above 7,000/- & Above 5,000/- & Above
To Read More About Other Recommended Fees - Click Here

About Author

Reetu

Content Manager

Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
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Delhi, Delhi, India
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